RedBox for Ipad ???

What if Red Box movies made a app for Ipad that allowed you to their regular service of movie rentals for 99 cents ? Pay with Credit Card or Red Box Cards sold at stores and rent and watch movies for a cheap 99 cents right on your Ipad any time, any place. Think how amazing this would be. To my knowledge netflix requires a montly subscription? this would not so it's that much more attractive. Plus being that it is coming from an online database rather than a physical vending machine they could finally have a larger selection of old movies as well, all for 99 cents! Would Apple allow this? It would definetely hurt Itunes movie sales, and also Netflix. Didn't apple recently allow apps to sell items inside the app? We need a New Redbox app for the Ipad!!!